1 analysts' median target is $170[FMP target], stock is $157, +8.4% upside potential. After Q2 +2.9% EPS beat[FMP earnings], the stock moved +1.8%.
B = MoonshotScore 57[9-pillar formula] + Council 2/6[6-lens rule]. Form 4: 0 transactions[FMP Form 4].
Q4 consensus: revenue $14.0B[FMP est], EPS $1.00[FMP est]. 8 consecutive quarters of beat[FMP earnings].
Q2 EPS +2.9% beat[FMP] but the stock +1.8% D+1[FMP D+1]. John Klinger promised $468.0M CapEx + a sequential decline in Q4 during the Q2 earnings call[John Klinger capex transcript].
Watchlist
Profit Margin Increase
profit_margin_increase
TJX reported a second-quarter pre-tax profit margin of 11.4%, up 50 basis points versus last year and well above plan.
"Second quarter pre-tax profit margin of 11.4% was up 50 basis points versus last year and well above our plan."
- John Klinger - Q2 FY26 Earnings Call - August 20, 2025
Comp Sales Growth
comp_sales_growth
TJX reported a better-than-expected consolidated comp sales increase of 4% in the second quarter, with customer transactions up at every division.
"Overall, comp sales for the second quarter exceeded our expectations, increasing 4% and were strong across all of our divisions. Customer transactions were up at every division and drove our overall comp sales increase."
- Ernie Herrman - Q2 FY26 Earnings Call - August 20, 2025
Tjx International Growth
tjx_international_growth
TJX International reported a very strong comp sales increase of 5%, with strong sales in Europe and outstanding sales in Australia.
"At TJX International, comp sales increased a very strong 5%. Once again, we're very pleased to see sales strength in Europe and outstanding sales in Australia."
- John Klinger - Q2 FY26 Earnings Call - August 20, 2025
Merchandise Availability
merchandise_availability
TJX reported that balance sheet inventory was up 14%, and inventory on a per-store basis was up 10% versus last year, as they've been buying into the excellent opportunities for quality, branded merchandise they've been seeing in the marketplace.
"Balance sheet inventory was up 14%, and inventory on a per-store basis was up 10% versus last year, as we've been buying into the excellent opportunities for quality, branded merchandise we've been seeing in the marketplace."
- John Klinger - Q2 FY26 Earnings Call - August 20, 2025
Marmaxx Performance
marmaxx_performance
Marmaxx saw strong comp sales growth of 3%, driven by a combination of a higher average basket and an increase in customer transactions, with strength in store performance across all income demographics.
"At Marmaxx, comp sales grew a strong 3%. A combination of a higher average basket and an increase in customer transactions drove the comp increase. It was great to see strength in our store performance across all income demographics, which speaks to our broad-based appeal of our values."
- John Klinger - Q2 FY26 Earnings Call - August 20, 2025
Stock Expert AI - Methodology
9-pillar methodology. Revenue Growth and Cash Runway strong. Gross Margin weak.
How is it calculated? ->6 investor frameworks. 2 bullish (Ray Dalio, Buffett), 1 bearish (Ken Griffin), 3 neutral (Jim Simons, Klarman, Munger).
How is it calculated? ->Quality business, trading at fair value.
How is it calculated? ->Past Performance
Q2 (August 20, 2025): EPS $1.43 vs $1.39 est[FMP], +2.9% beat. D+1 movement: +1.8%[FMP D+1]. Decline despite beat - market reacted to guidance, not numbers.
Q2: EPS $1.43 vs $1.39 beat[FMP], stock +1.8% D+1[FMP].
No RPO/backlog concentration disclosed in Q2 earnings call.
Q2 CapEx $468.0M[FMP cashflow]. Q2 op margin 13.3%[FMP op margin] - this level in Q4 is sensitive to CapEx revision risk.
Not advice - a structural framework for earnings night. Decision discipline is yours.
Market Outlook
You read it in 5 minutes. When the numbers come out on Wednesday evening - you know what you're looking at.
Data arrives at night. The framework is ready now.
Data arrives on Wednesday evening. The framework is ready on this page: Q4 EPS threshold $1.00[FMP], CapEx threshold "below $468.0M"[John Klinger]. Two anchors, three scenarios.
Comparison Stock Expert AI Pro $24/month ($240/year), 77% cheaper than the total of three earnings-tracking tools ($1,059/year -> $240/year).
Seeking Alpha $299/yr - analyst opinions + earnings coverage TipRanks $360/yr - Smart Score (1-10) + analyst consensus + insider trades Trendspider $400/yr - AI pattern detection + automated TA + multi-timeframe alerts
Prices as of April 2026. Sources: seekingalpha.com/subscriptions - tipranks.com/pricing - trendspider.com/pricing
Stock Expert AI Pro: $24/month ($240/year). Council 7-lens analysis + MoonshotScore 9-pillar + Insider tracker + Technical levels - all in one platform, for every stock.
Educational tool, not investment advice. Past performance does not guarantee future results.
Calendar
DATA GAP: Events not in the FMP /stable/calendar feed - Investor day, analyst day, product launches, regulatory dates. These require company IR page scraping or manual calendar entry.
This TJX (TJX) earnings preview covers the analyst consensus, key catalysts, and what to watch on the earnings call.
Consensus EPS, revenue guidance, segment growth rates, and the tone of management commentary — the full breakdown with sources is on this page.